Call reports 2016
AVANA BANK — 2016
What AVANA BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 37,490,000 | 42,009,000 | 41,573,000 | 42,409,000 |
| Total loans | 17,120,000 | 15,915,000 | 16,639,000 | 14,871,000 |
| Allowance for loan losses | 130,000 | 145,000 | 163,000 | 298,000 |
| Securities available for sale | 1,342,000 | 1,334,000 | 1,323,000 | 1,311,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,113,000 | 38,627,000 | 38,171,000 | 39,139,000 |
| Interest-bearing deposits | 23,488,000 | 27,324,000 | 27,347,000 | 28,274,000 |
| Noninterest-bearing deposits | 10,625,000 | 11,303,000 | 10,824,000 | 10,865,000 |
| Equity capital | 3,300,000 | 3,300,000 | 3,319,000 | 3,198,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 270,000 | 521,000 | 787,000 | 1,024,000 |
| Interest expense | 5,000 | 11,000 | 17,000 | 23,000 |
| Net interest income | 265,000 | 510,000 | 770,000 | 1,001,000 |
| Noninterest income | 40,000 | 81,000 | 125,000 | 163,000 |
| Noninterest expense | 270,000 | 536,000 | 790,000 | 1,035,000 |
| Provision for loan losses | 5,000 | 20,000 | 38,000 | 173,000 |
| Pretax income | 30,000 | 35,000 | 67,000 | -44,000 |
| Income tax | 10,000 | 17,000 | 29,000 | 36,000 |
| Net income | 20,000 | 18,000 | 38,000 | -80,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,699,000 | 2,697,000 | 2,717,000 | 2,599,000 |
| Total capital | 2,829,000 | 2,842,000 | 2,880,000 | 2,756,000 |
| Risk-weighted assets | 15,684,000 | 14,382,000 | 15,252,000 | 12,429,000 |